Facoltà di Economia

Learning Objectives

Prerequisites

Program

Books

Bibliography

Teaching methods

Exam Rules

Learning Objectives

Prerequisites

Program

Books

Bibliography

Teaching methods

Exam Rules

Aggiornato A.A. 2020-2021

This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.

- Overview
This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.
- Pre-requisites for the course
At least one course in basics of financial accounting and reporting

- Learning objectives

Knowledge and Understanding:
Main usefulness of primarily financial statements and their interpretations

Applying Knowledge and Understanding:
Ability to recognize main criticisms in financial reports and to understand overall financial health of firms overtime

Making Judgements:
Analysis of financial reports to outline basic judgments about the healthiness of firms

Communication Skills:
ability to disseminate proper actions of sell side analyst regarding not only desirable financial trends but also other relevant issues in the field of financial reporting

Learning Skills:
be aware to explore annual reports completely

- Program
Module I – Financial statements overview
- Conceptual framework for financial reporting;
- Regulatory framework and presentation of financial statements
Module II – Financial Analysis
- Basics of Financial analysis
- Evaluate the quality of financial reports

Module III – Audit and Tax Reporting
- Reporting for Taxes
- Audit Reporting

Module IV Basics of Consolidation
- The Notion of Group, Percentage of Interest and Percentage of Control;
- Theory of Consolidation;
- Basics Techinques;
- Learning by Doing
Teaching methods
Classic Lectures
Problem or interactive case discussions
Guest lectures
- References
 A series of chapters extrapolated from different books and sources.  A complete set of readings will be available at the bookshop (close to the faculty) from november 8th ongoing.
 Additional readings uploaded on the course webpage.
 All the materials uploaded on the course webpage

- Non mandatory references:
Kieso, Weygandt, Warfield, Intermediate Accounting – Ifrs edition, vol I,  Wiley, 2011, 2 edition, chapters 3,4,5;

Aerts, Walton, Global Accounting and Reporting, Cengage, 2017, 4th edition, chapters 8, 9, 10 and 15;

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

All IAS-IFRS currently issued at the starting day of the course;

Any other paper, document and reading suggested by the lecturers during the course

Aggiornato A.A. 2019-2020

This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.

- Overview
This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.
- Pre-requisites for the course
At least one course in basics of financial accounting and reporting

- Learning objectives

Knowledge and Understanding:
Main usefulness of primarily financial statements and their interpretations

Applying Knowledge and Understanding:
Ability to recognize main criticisms in financial reports and to understand overall financial health of firms overtime

Making Judgements:
Analysis of financial reports to outline basic judgments about the healthiness of firms

Communication Skills:
ability to disseminate proper actions of sell side analyst regarding not only desirable financial trends but also other relevant issues in the field of financial reporting

Learning Skills:
be aware to explore annual reports completely

- Program
Module I – Financial statements overview
- Conceptual framework for financial reporting;
- Regulatory framework and presentation of financial statements
Module II – Financial Analysis
- Basics of Financial analysis
- Evaluate the quality of financial reports

Module III – Audit and Tax Reporting
- Reporting for Taxes
- Audit Reporting

Module IV Basics of Consolidation
- The Notion of Group, Percentage of Interest and Percentage of Control;
- Theory of Consolidation;
- Basics Techinques;
- Learning by Doing
Teaching methods
Classic Lectures
Problem or interactive case discussions
Guest lectures
- References
 A series of chapters extrapolated from different books and sources.  A complete set of readings will be available at the bookshop (close to the faculty) from november 8th ongoing.
 Additional readings uploaded on the course webpage.
 All the materials uploaded on the course webpage

- Non mandatory references:
Kieso, Weygandt, Warfield, Intermediate Accounting – Ifrs edition, vol I,  Wiley, 2011, 2 edition, chapters 3,4,5;

Aerts, Walton, Global Accounting and Reporting, Cengage, 2017, 4th edition, chapters 8, 9, 10 and 15;

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

All IAS-IFRS currently issued at the starting day of the course;

Any other paper, document and reading suggested by the lecturers during the course

Aggiornato A.A. 2018-2019

This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.

- Overview
This course aims to introduce you to selected issues in financial reporting;
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes and able to apply basic consolidation techniques;
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.
- Pre-requisites for the course
At least one course in basics of financial accounting and reporting

- Learning objectives

Knowledge and Understanding:
Main usefulness of primarily financial statements and their interpretations

Applying Knowledge and Understanding:
Ability to recognize main criticisms in financial reports and to understand overall financial health of firms overtime

Making Judgements:
Analysis of financial reports to outline basic judgments about the healthiness of firms

Communication Skills:
ability to disseminate proper actions of sell side analyst regarding not only desirable financial trends but also other relevant issues in the field of financial reporting

Learning Skills:
be aware to explore annual reports completely

- Program
Module I – Financial statements overview
- Conceptual framework for financial reporting;
- Regulatory framework and presentation of financial statements
Module II – Financial Analysis
- Basics of Financial analysis
- Evaluate the quality of financial reports

Module III – Audit and Tax Reporting
- Reporting for Taxes
- Audit Reporting

Module IV Basics of Consolidation
- The Notion of Group, Percentage of Interest and Percentage of Control;
- Theory of Consolidation;
- Basics Techinques;
- Learning by Doing
Teaching methods
Classic Lectures
Problem or interactive case discussions
Guest lectures
- References
 A series of chapters extrapolated from different books and sources.  A complete set of readings will be available at the bookshop (close to the faculty) from november 8th ongoing.
 Additional readings uploaded on the course webpage.
 All the materials uploaded on the course webpage

- Non mandatory references:
Kieso, Weygandt, Warfield, Intermediate Accounting – Ifrs edition, vol I,  Wiley, 2011, 2 edition, chapters 3,4,5;

Aerts, Walton, Global Accounting and Reporting, Cengage, 2017, 4th edition, chapters 8, 9, 10 and 15;

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

International Financial Reporting Standars – Accounting and Financial Reporting Using IFRS, 2015, McGraw-Hill, chapters 1 and 2

All IAS-IFRS currently issued at the starting day of the course;

Any other paper, document and reading suggested by the lecturers during the course

Aggiornato A.A. 2017-2018

This course aims to introduce you to selected issues in financial reporting.
After this course, you should be able to read and provide a general analysis of the financial reports of listed companies for different purposes.
Students would study this course in an international perspective. The course is based on current International Financial Reporting Standards – International Accounting Standards (IAS-IFRS), and some mention of the Us and Uk Gaap.

Module I – Financial statements overview

Conceptual framework for financial reporting;

Regulatory framework and presentation of financial statements

Module II – Audit and Tax Reporting

Going Concern and Audit Reporting

Reporting for taxes

Module III – Basics of Financial Analysis

Basics of Financial analysis

Evaluate the quality of financial reports

Module IV Analysis and Reporting in M&A

Merger and Acquisition processes under the consultancy lenses (I);

Merger and Acquisition processes under the consultancy lenses (II);

Aggiornato A.A. 2016-2017

FINANCIAL REPORTING

 Dr Sandro Brunelli

TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Dr. Sandro Brunelli
Brunelli@economia.uniroma2.it
Availability- office hours: by appointment

PRE-REQUISITES FOR THE COURSE:
One university basic course in financial accounting or very close topics.

LEARNING OBJECTIVES
The objective of the course is to provide an understanding of financial accounting fundamentals for prospective consumers of corporate financial information, such as managers, shareholders, financial analysts, and creditors and in general any potential capital provider. The course focuses on understanding how economic events like corporate investments, financing transactions and operating activities are recorded in the three main financial statements (i.e., the income statement, statement of financial position, and statement of cash flows). The course will be based on the rules and provisions mainly made by the IASB (International Accounting Standards Board). Along the way, students will develop the technical skills needed to analyze corporate financial statements and disclosures for use in financial analysis, and to interpret how accounting standards and managerial incentives affect the financial reporting process. This course is recommended for students who want a more in-depth overview of the financial accounting required for understanding firm performance and potential future risks through analysis of reported financial information, such as students intending to go into companies, security analysis and investment banking and so on.

TEACHING METHODS
Lectures, business cases, problem solving, interactive case discussion, reverse lectures.

MAIN REFERENCES
Kieso, Weygandt, Warfield, Intermediate accounting Vol. I – Ifrs  2nd Edition, (Wiley, 2015). (Chapter 1,2,3,4, 5, 18, 23 and 24)
Robinson, van Greuning, Henry, Broihahn, International Financial Statement Analysis, (Wiley 2009) (Chapter 7)
Additional readings

Other useful references are the following:

Weygandt, Kimmel, Kieso, Financial accounting – Ifrs Edition (Wiley, 2nd  edition, 2012)
Nobes, Parker, Comparative International Accounting, Prentice Hall, 10edition, 2008
All Ias-ifrs currently issued by the IASB at the start-date of the course.
Papers suggested by lectures during the course.

CASE DISCUSSIONS
Students will be engaged in a workgroup whose results will be presents at the end of the course in a public hearing context. The workgroup is aimed to develop skills in reading the financial statements and in making useful judges on the firm performance. 

OTHER LEARNING SOURCES
Slides and other materials uploaded on the course website.

ATTENDANCE
Because of the concentrated nature of the MSc programme, attendance in class is crucial. Students who miss more than 3 lectures (including arriving late or leaving early) will be required to prepare ALL the chapters of the textbook (intermediate accounting Vol. I) and other materials for the exam.

NOTE: Attendance for the first class session is mandatory as important information regarding the course and the instructors' expectations are given. If you know in advance that you will be absent for one session, please contact your instructor to ensure that absence from a particular session is acceptable.

PARTICULARS RULES FOR WORKERS AND ERASMUS STUDENTS

Students that are able to certify these situations have, in order to well-performed the exam, to study in depth two more chapters chosen among chapters 10, 11, 12, 13 and 14 of the main textbook (intermediate accounting Vol. I). These chapters will be discussed with the instructor once you pass the written exam. Keep in mind that in any other cases all chapters of the main textbook will be required.

EXAM
The exam is made up of three parts:
1. written exam (weighing 70 %)
2. oral exam if student wants to increase the final score of the written part (generally held in the same day of the first);
3. Groupwork project (weighing 30%);

Aggiornato A.A. 2015-2016

FINANCIAL REPORTING

 Dr Sandro Brunelli

TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Dr. Sandro Brunelli
Brunelli@economia.uniroma2.it
Availability- office hours: by appointment

PRE-REQUISITES FOR THE COURSE:
One university basic course in financial accounting or very close topics.

LEARNING OBJECTIVES
The objective of the course is to provide an understanding of financial accounting fundamentals for prospective consumers of corporate financial information, such as managers, shareholders, financial analysts, and creditors and in general any potential capital provider. The course focuses on understanding how economic events like corporate investments, financing transactions and operating activities are recorded in the three main financial statements (i.e., the income statement, statement of financial position, and statement of cash flows). The course will be based on the rules and provisions mainly made by the IASB (International Accounting Standards Board). Along the way, students will develop the technical skills needed to analyze corporate financial statements and disclosures for use in financial analysis, and to interpret how accounting standards and managerial incentives affect the financial reporting process. This course is recommended for students who want a more in-depth overview of the financial accounting required for understanding firm performance and potential future risks through analysis of reported financial information, such as students intending to go into companies, security analysis and investment banking and so on.

TEACHING METHODS
Lectures, business cases, problem solving, interactive case discussion, reverse lectures.

MAIN REFERENCES
Kieso, Weygandt, Warfield, Intermediate accounting Vol. I – Ifrs  2nd Edition, (Wiley, 2015). (Chapter 1,2,3,4, 5, 18, 23 and 24)
Robinson, van Greuning, Henry, Broihahn, International Financial Statement Analysis, (Wiley 2009) (Chapter 7)
Additional readings

Other useful references are the following:

Weygandt, Kimmel, Kieso, Financial accounting – Ifrs Edition (Wiley, 2nd  edition, 2012)
Nobes, Parker, Comparative International Accounting, Prentice Hall, 10edition, 2008
All Ias-ifrs currently issued by the IASB at the start-date of the course.
Papers suggested by lectures during the course.

CASE DISCUSSIONS
Students will be engaged in a workgroup whose results will be presents at the end of the course in a public hearing context. The workgroup is aimed to develop skills in reading the financial statements and in making useful judges on the firm performance. 

OTHER LEARNING SOURCES
Slides and other materials uploaded on the course website.

ATTENDANCE
Because of the concentrated nature of the MSc programme, attendance in class is crucial. Students who miss more than 3 lectures (including arriving late or leaving early) will be required to prepare ALL the chapters of the textbook (intermediate accounting Vol. I) and other materials for the exam.

NOTE: Attendance for the first class session is mandatory as important information regarding the course and the instructors' expectations are given. If you know in advance that you will be absent for one session, please contact your instructor to ensure that absence from a particular session is acceptable.

PARTICULARS RULES FOR WORKERS AND ERASMUS STUDENTS

Students that are able to certify these situations have, in order to well-performed the exam, to study in depth two more chapters chosen among chapters 10, 11, 12, 13 and 14 of the main textbook (intermediate accounting Vol. I). These chapters will be discussed with the instructor once you pass the written exam. Keep in mind that in any other cases all chapters of the main textbook will be required.

EXAM
The exam is made up of three parts:
1. written exam (weighing 70 %)
2. oral exam if student wants to increase the final score of the written part (generally held in the same day of the first);
3. Groupwork project (weighing 30%);

Aggiornato A.A. 2014-2015

FINANCIAL REPORTING

 Dr Sandro Brunelli

TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Dr. Sandro Brunelli
Brunelli@economia.uniroma2.it
Availability- office hours: by appointment

PRE-REQUISITES FOR THE COURSE:
One university basic course in financial accounting or very close topics.

LEARNING OBJECTIVES
The objective of the course is to provide an understanding of financial accounting fundamentals for prospective consumers of corporate financial information, such as managers, shareholders, financial analysts, and creditors and in general any potential capital provider. The course focuses on understanding how economic events like corporate investments, financing transactions and operating activities are recorded in the three main financial statements (i.e., the income statement, statement of financial position, and statement of cash flows). The course will be based on the rules and provisions mainly made by the IASB (International Accounting Standards Board). Along the way, students will develop the technical skills needed to analyze corporate financial statements and disclosures for use in financial analysis, and to interpret how accounting standards and managerial incentives affect the financial reporting process. This course is recommended for students who want a more in-depth overview of the financial accounting required for understanding firm performance and potential future risks through analysis of reported financial information, such as students intending to go into companies, security analysis and investment banking and so on.

TEACHING METHODS
Lectures, business cases, problem solving, interactive case discussion, reverse lectures.

MAIN REFERENCES
Kieso, Weygandt, Warfield, Intermediate accounting Vol. I – Ifrs  2nd Edition, (Wiley, 2015). (Chapter 1,2,3,4, 5, 18, 23 and 24)
Robinson, van Greuning, Henry, Broihahn, International Financial Statement Analysis, (Wiley 2009) (Chapter 7)
Additional readings

Other useful references are the following:

Weygandt, Kimmel, Kieso, Financial accounting – Ifrs Edition (Wiley, 2nd  edition, 2012)
Nobes, Parker, Comparative International Accounting, Prentice Hall, 10edition, 2008
All Ias-ifrs currently issued by the IASB at the start-date of the course.
Papers suggested by lectures during the course.

CASE DISCUSSIONS
Students will be engaged in a workgroup whose results will be presents at the end of the course in a public hearing context. The workgroup is aimed to develop skills in reading the financial statements and in making useful judges on the firm performance. 

OTHER LEARNING SOURCES
Slides and other materials uploaded on the course website.

ATTENDANCE
Because of the concentrated nature of the MSc programme, attendance in class is crucial. Students who miss more than 3 lectures (including arriving late or leaving early) will be required to prepare ALL the chapters of the textbook (intermediate accounting Vol. I) and other materials for the exam.

NOTE: Attendance for the first class session is mandatory as important information regarding the course and the instructors' expectations are given. If you know in advance that you will be absent for one session, please contact your instructor to ensure that absence from a particular session is acceptable.

PARTICULARS RULES FOR WORKERS AND ERASMUS STUDENTS

Students that are able to certify these situations have, in order to well-performed the exam, to study in depth two more chapters chosen among chapters 10, 11, 12, 13 and 14 of the main textbook (intermediate accounting Vol. I). These chapters will be discussed with the instructor once you pass the written exam. Keep in mind that in any other cases all chapters of the main textbook will be required.

EXAM
The exam is made up of three parts:
1. written exam (weighing 70 %)
2. oral exam if student wants to increase the final score of the written part (generally held in the same day of the first);
3. Groupwork project (weighing 30%);